Set out below are all SuperGuide articles that relate to SMSF pensions.
John Maroney, CEO of the SMSF Association explains the amnesty on legacy retirement income products that was announced in the 2021 Federal Budget.
SMSF members will be able to exit old-style pensions for new if this Budget measure comes to pass.
As you approach retirement, you need to consider what you want to do with your super – lump sum, income stream or a bit of both.
Younger retirees might like to consider moving their funds back into accumulation phase for the time being.
The following checklist will help you get on top of everything that needs to be when starting an SMSF pension.
One of the benefits of having a self-managed superannuation fund (SMSF) is its ability to pay members an income stream, or account-based pension. Of course any superannuation fund can do this, but paying a pension from an SMSF offers members more control and flexibility.
Self-managed superannuation funds offer members some useful advantages when it comes to paying pensions. One such benefit refers to the treatment of income earned on assets that are supporting a pension, called exempt current pension income or ECPI.